Chile heads towards two ‘lost decades’ of copper output growth
Chile’s crown as the world’s largest producer of copper is at risk as the country’s output continues to be lower than expected despite the billions of dollars invested in new…
Copper
Constantine JV sets $18M budget for Palmer project in Alaska
Constantine Metal Resources’ (TSXV: CEM) flagship Palmer property in southeast Alaska has been given a budget of US$18 million for its upcoming work program. Palmer is an advanced stage copper-zinc-gold-silver…
Talon Metals expands exploration at nickel project in Minnesota
U.S. miner Talon Metals (TSX: TLO; OTC: TLOFF) said on Wednesday it had bought three more drill rigs to expand exploration at its Tamarack nickel-copper-cobalt project in Minnesota, which already…
Barrick aims to start producing at Pakistan’s Reko Diq in 2027
Barrick Gold (TSX: ABX; NYSE: GOLD) aims to start producing copper and gold from its Reko Diq project in Pakistan’s Balochistan province in 2027, the company’s CEO Mark Bristow said…
Osisko Metals to drill 30,000 metres at Gaspé, post initial resource by month’s end
Having recently optioned the former Gaspé copper mine from Glencore Canada, Osisko Metals (TSXV: OM; OTC: OMZNF) is ready to begin drilling on the property this week, focusing on the re-evaluation of…
Glencore to supply cobalt to GM in multi-year deal
Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia. The…
York Harbour gathers Newfoundland base metals exploration momentum
With the energy revolution ramping up at an unprecedented pace, the search is on to find and develop the next generation of critical metals deposits feeding into the approaching wall…
Western Australia is world’s new top mining destination
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest…
TSX Venture Exchange advances, Apr. 4-8
The S&P/TSX Venture Composite Index advanced 22.21 points or 2.6% over the Apr. 4-8 trading session to end at 888.21. The week’s most actively traded stock was Pure Gold Mining,…
Wyloo targets net-zero mine, world-class battery production after Noront takeover
Australian billionaire Andrew Forrest’s Wyloo Metals has completed the acquisition of Noront Resources almost a year after placing its initial offer to buy the company and edging out the world’s…
Chile sues BHP, Albemarle, Antofagasta over water use
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar…
Analysts adjust higher metal price assumptions on Russia-Ukraine conflict
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains. Moody’s…